Top challenges facing marketing agencies after lockdown

Top challenges facing marketing agencies after lockdown

Every industry is facing challenges after lockdown – and beyond. The pandemic has affected businesses dramatically and we’ve all felt the repercussions of it. But for marketing agencies and freelancers, what has this meant for them? Many companies have cut...
The complexities of valuing a business laid bare

The complexities of valuing a business laid bare

People often come to me and ask what their business would be worth if they sold it. The truth is, particularly when we’re in the middle of a pandemic-fuelled recession, there is no simple answer to this.  Accountancy textbooks teach you (well, taught me) that the...
What can you claim on business expenses as a musician?

What can you claim on business expenses as a musician?

As a musician, you might not be aware of the items you can claim on business expenses. Luckily, if you choose to use me as your accountant, you won’t need to remember any of the below (but I’m always here to help in the meantime). Within the music industry, there’s a...
Starting up your own record label

Starting up your own record label

At Alchemy Accountancy, we work within a lot of creative industries – including music. From freelance musicians to bands to record labels, in today’s internet-heavy world, it’s easier than ever to start creating great music. But how exactly do you start your own...
Why marketing budgets are always first to go in a crisis

Why marketing budgets are always first to go in a crisis

It’s inevitable that in business, some sort of crisis may happen. This could be personal, for example, illness or bereavement, or it could be global – a recession, for instance. Currently, it’s the small matter of a pandemic that’s causing us grief (not that we...